Investors Will Want Keda Industrial Group's (SHSE:600499) Growth In ROCE To Persist

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Firstly, we'll want to see a proven return on capital employed (ROCE) that is inc

Simply Wall StMay 24 19:17 ET

Keda Manufacturing (600499.SH): Plans to cancel 305.635 million repurchased shares

Gelonghui, May 13, 丨 Keda Manufacturing (600499.SH) announced that the company held the 29th meeting of the 8th board of directors and the 25th meeting of the 8th board of supervisors on April 26, 2024, and held the 2023 Annual General Meeting of Shareholders to review and pass the “Proposal on Changing the Use and Cancellation of Part of the Shares Repurchased”, agreeing to change the use of 30,563,538 shares already repurchased earlier from “for implementing employee stock ownership plans and/or share incentives” to “use to cancel and reduce registered capital accordingly” and cancelled After completion, the total share capital of the company will be 1

Gelonghui FinanceMay 13 06:33 ET

Keda Industrial Group's (SHSE:600499) Problems Go Beyond Weak Profit

Keda Industrial Group Co., Ltd.'s (SHSE:600499) stock showed strength, with investors undeterred by its weak earnings report. Sometimes, shareholders are willing to ignore soft numbers with the hope

Simply Wall StMay 3 19:53 ET

Keda Manufacturing (600499.SH) announced first-quarter results, net profit of 311 million yuan, a year-on-year decrease of 22.6%

According to Zhitong Finance App News, Keda Manufacturing (600499.SH) released its report for the first quarter of 2024. During the reporting period, the company achieved operating income of 2,562 billion yuan, an increase of 2.83%; net profit attributable to shareholders of listed companies was 311 million yuan, a year-on-year decrease of 22.6%; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 276 million yuan, a year-on-year decrease of 25.7%; and basic earnings per share were 0.165 yuan.

Zhitong FinanceApr 26 06:46 ET

Keda Industrial Group Co., Ltd.'s (SHSE:600499) Prospects Need A Boost To Lift Shares

With a price-to-earnings (or "P/E") ratio of 8.8x Keda Industrial Group Co., Ltd. (SHSE:600499) may be sending very bullish signals at the moment, given that almost half of all companies in China have

Simply Wall StApr 24 02:13 ET

Xinhualian Holdings, a shareholder of Keda Manufacturing (600499.SH), plans to reduce its holdings by no more than 1%

Keda Manufacturing (600499.SH) announced that the restructuring plan of the company's shareholder Xinhualian Holdings has taken first place in Beijing...

Zhitong FinanceApr 9 06:01 ET